Kentucky’s seasonally adjusted unemployment rate for May of 2024 is 4.6 percent, according to the Kentucky Center for Statistics.
The preliminary May 2024 jobless rate was unchanged from April 2024 and up 0.5 percentage points from one year ago. The United States seasonally adjusted jobless rate for May 2024 was four percent which was up from the 3.9 percent recorded for April 2024, according to the U.S. Department of Labor.
Kentucky’s statewide unemployment rate and employment levels are seasonally adjusted. Employment statistics undergo sharp fluctuations due to seasonal events, such as weather changes, harvests, holidays, and school openings and closings. Seasonal adjustments eliminate these influences and make it easier to observe statistical trends.